Global Advanced Composites Market By Fiber Type (S-Glass Composites, etc.), By Resin Type (Advanced Thermosetting & Advanced Thermoplastic), By End Use Industry, By Manufacturing Process, By Region, Competition Forecast & Opportunities, 2013-2023
According to “Global Advanced Composites Market By Fiber Type, By Resin Type, By End Use Industry, By Manufacturing Process, By Region, Competition Forecast & Opportunities, 2013-2023” advanced composites market is projected to grow at a CAGR of more than 9% by 2023. Growth in the market can be attributed to diverse applications of advanced composites in multiple industries such as aerospace, automotive, building & construction, transportation, electrical and electronics and many others. Moreover, demand for lightweight composites is increasing in aerospace and transport sector, thereby contributing to the overall growth of the global advanced composites market. Additionally, various advanced composites manufacturers such as Plasan Carbon Composites, Hexcel Corp. Industry, etc., are planning to expand composite production capacity across various countries, to cater to the growing global demand for advanced composites-based products in the coming years. Some of the major players are Toray Industries Inc., Hexcel Corporation, Solvay SA, Teijin Limited, Mitsubishi Chemical Holding Corporation, SGL Carbon SE, TenCate Advanced Composites BV, Plasan Carbon Composites, Inc., DowAksa Advanced Composites Holdings BV, and BASF SE, among others.“Global Advanced Composites Market By Fiber Type, By Resin Type, By End Use Industry, By Manufacturing Process, By Region, Competition Forecast & Opportunities, 2013-2023” discusses the following aspects of advanced composites globally:
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